I like to buy some good shares for long term investment. Can you advise me the name and price of share ?
Asked in NSE & Nifty 3 years, 3 months ago
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Why don't you buy the Nifty BeES ETF? It is transacted like a share in the stock market. Each ETF unit is priced at one-tenth the value of the Nifty index. If the index is at 4800, the Nifty BeES will cost about Rs 480 each.
Without doing any hard work of researching stocks, you get to own ALL the 50 stocks comprising the Nifty index. Buy 5 or 10 or 20 (as your savings permit) every month in a disciplined manner and after a few years you will get a tidy sum.
No better way to play the India growth story.
Look for companies that will grow over a period of time. This way you will be able to beat the index returns
I have written about 3 companies you can refer them
Kale Consultants : http://www.stockezy.com/news/4310/kal...
Sulzer India : http://www.stockezy.com/news/4365/sul...
Geodesic : http://www.stockezy.com/news/4418/geo...
Suzlon,Lanco Infra,Gmr Infra,Tata Steel,Jindal Saw,
Gujnre coke,HCC,BhartiAirtel,Jsw Energy,GVK power,
These are few of the stocks you can pick from.If you do not want to go through the troble of tracking these stocks everyday i suggest you follow Subhankars advice.